Financial Services

Financial institutions continue to face increased regulations, tighter controls and greater scrutiny from their governing bodies worldwide. Governance and risk management are critical to managing their reputation. The consolidation of businesses, navigation of emerging market requirements, the need for secure and traceable transactions, and continued pressure on containment and reduction of cost add even more pressure. In order to respond to these market dynamics, financial services organisations need to ensure regulatory compliance and have complete spend and supplier visibility across the entire procurement process.

That is why the best run financial services procurement organisations partner with BravoSolution to deliver more value to the business by identifying additional cost savings, improving controls and oversight, leveraging supplier relationships and mitigating risk.

Link contract performance to Supplier Value Management for a single repository for creating, storing and tracking contracts

Unlock massive savings in critical categories by analysing sourcing scenarios to find the most advantageous approach

Buy and pay for goods and services in a simplified, paperless, and cost-efficient way

Connect with a BravoSolution Professional

Learn more about BravoAdvantage and how we can help unlock your organisation’s hidden value and savings throughout the procurement process.

“The name ‘BravoSolution’ is now perceived by the whole business as synonymous with savings. It has become just the way we work. Everything we do in the organisation is ‘BravoSolution-aligned’ and if it isn’t yet, we make sure it will be.”

“We use the BravoSolution Sourcing Suite as the standard tool for all sourcing activity for every project, across the entire programme and across the whole of Crossrail. Like other big projects, Crossrail is on a tight timeline, so keeping it on track and hitting targets is very important. Bravo helped us deliver on key milestones.”

-Paul Darlington, Procurement Manager, Crossrail, UK

“Our standard supplier of 5 years had 2 individuals out of several hundred procurement employees using it. It could not handle more suppliers and more data fields. BravoSolution could, and has proven it. Over six categories, 1.6x – 10x savings have been realized vs. what was expected. We now use them (BravoSolution) exclusively.”

-Patrick J Collins, E-Sourcing & SRM, Kraft-Heinz, North America

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